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To: freebilly

Is there any update on whether Sterling will be exempted from capital gains taxes, on account of the sale being forced? If Sterling avoids a tax hit of hundreds of millions of dollars, wouldn’t that give Levenson pause, about selling before being forced to?


51 posted on 09/07/2014 10:17:11 AM PDT by USFRIENDINVICTORIA
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To: USFRIENDINVICTORIA
Is there any update on whether Sterling will be exempted from capital gains taxes, on account of the sale being forced?

LOL - You get one guess. This is Obama's IRS you're talking about.

55 posted on 09/07/2014 10:21:20 AM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: USFRIENDINVICTORIA

It wasn’t forced. The sale was agreed to before the vote. So no, he’s not immune to the taxes.


57 posted on 09/07/2014 10:23:20 AM PDT by discostu (We don't leave the ladies crying cause the story's sad.)
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To: USFRIENDINVICTORIA

Sterling was a one-off. It is unlikely that anybody else would be willing to pay such an over-price for a team.


69 posted on 09/07/2014 11:12:32 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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